Thanks Leif and Lucas,
I appreciate your replies - I have not heard of the one PM company and will check them out and any feedback you hear from your client base would be appreciated. Have a great weekend!
Oops, I see this was from last March.......but we use Rolando Pedrozo from Avant Garde Renovations, excellent service if anyone else is looking for the Edmonton area 780-935-2966.
I believe he and his wife Marible won the REIN Renovator of the Year.......
Hi Curt,
I completly agree that ACRE is essential. I believe it is the foundation for successful real estate investing. Without the foundation, you have nothing to build upon.
Have you read Don Campbell`s book "Real Estate Investing In Canada 2.0"?
I can say with certainty – no! We had a new tenant who moved into one of our duplexes in October and didn’t have his December rent on the 1st. My PM served him with his eviction notice on December 2nd, which we do whenever a tenant is late. He promised to have the money to her twice, and then...
Hi Terrence,
Glad to hear you have begun the journey of becoming a real estate investor. I hope you are able to join REIN, it has been by far the best decision I have made on my journey. You will find that the members are very generous in spirit with sharing their knowledge and experiences...
We don`t allow our tenants to paint either so I would do it yourself, or have it professionally done.
Re-painting ceilings and baseboards is huge time killer and costly - everyone`s version of a good paint job is different.
QUOTE Here is another thing we do when possible...when a tenant moves out, grab their forwarding address and send them a house warming gift in the new house. Again, it`s just a good gesture and they may refer someone to you years later.
Great idea Joey! I am going to borrow that one too!
For...
The fact that they have had 4 addresses in the last year isn`t a good data point, on top of their credit history. The real question is "Are you going to be able to evict a family if you need to?" Here is my own experience……
My PM and I served a family of 7 (5 kids including a 3 month old…)...
Hi,
The general consensus on to incorporate or not is `it depends on your situation`......Not sure if you are a REIN member or not, but Navaz Murji just did an excellent presentation on this topic in October and it was to be continued in November. Make sure you listen to the CD`s if you...